Loading...
Resolution No. 19-14 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 19- 1 y A RESOLUTION APPROVING AN APPLICATION FOR A METRO 2040 PLANNING AND DEVELOPMENT GRANT TO FUND THE WASHINGTON SQUARE REGIONAL CENTER UPDATE PROJECT. WHEREAS, Metro has a new cycle of funding available for the 2040 Planning and Development Grant Program, which has targeted funds for projects that facilitate development in centers, corridors, station areas, and employment areas;and WHEREAS, the Washington Square Regional Center is the city's only regional center and one of eight centers identified in the Metro 2040 Growth Concept;and WHEREAS, the Metro 2040 Growth Concept was adopted in 1995, and Tigard adopted the Washington Square Regional Center Plan five years later;and WHEREAS, Washington Square has much greater potential for high-density residential and employment-rich development than has occurred thus far. It has been 20 years since the original vision and regional center plan were developed, and this is an opportune time to review and update all applicable plans, policies, and regulations;and WHEREAS, this project advances the region's planning and development goals in important and synergistic ways, specifically as it relates to urban growth expansion development to the west, Southwest Corridor transit planning,and regional housing needs;and WHEREAS, this project is supported by the owner of Washington Square Mall, the single largest property owner in Washington Square. The mall owner, Macerich, is interested in redeveloping the mall site, which would be difficult or impossible to effectively redevelop under current regulations;and WHEREAS, this project is timely for the city and advances City Council Goal 2 to promote economic growth and community vitality by identifying and removing barriers to redevelopment in Washington Square. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: Council approves the submittal of an application for a Metro 2040 Planning and Development Grant to update the plans, policies, and regulations associated with the Washington Square Regional Center. SECTION This resolution is effective immediately upon passage. RESOLUTION NO. 19- Page 1 PASSED: This 20 day of 2019. Mor- ity of Tigard ATTEST: �Jt,1 City Recorder ity of Tigard RESOLUTION NO. 19-1 Page 2